Definition of consortium noun from the Oxford Advanced Learner's Dictionary

 

consortium

 noun
noun
BrE BrE//kənˈsɔːtiəm//
 
; NAmE NAmE//kənˈsɔːrtiəm//
 
(pl. consortiums, consortia
BrE BrE//kənˈsɔːtiə//
 
; NAmE NAmE//kənˈsɔːrtiə//
 
; BrE also BrE//kənˈsɔːʃə//
 
; NAmE also NAmE//kənˈsɔːrʃə//
 
)
 
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a group of people, countries, companies, etc. who are working together on a particular project the Anglo-French consortium that built the Channel Tunnel Our company forms part of a consortium of local businesses working for environmental change. Word Origin early 19th cent. (in the sense ‘partnership’): from Latin, from consors ‘sharing, partner’, from con- ‘together with’ + sors, sort- ‘lot, destiny’.
See the Oxford Advanced American Dictionary entry: consortium